319 Poplar AveBakersfieldCA93305
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bakersfield at 319 Poplar Ave, Bakersfield, CA, 93305 with 5% annual appreciation on a $400,000 basis while $3,130/mo rent supports operations. Total monthly income totals $3,130/mo and a $1,958/mo payment preserves $655/mo for cash returns. Annual cash flow comes to $7,864/yr on $132,600 deployed, and return on cash invested reaches 25.84% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 9.39%. Five-year ROI measures 134.66% and total cumulative return in cash totals $178,564.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,130/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,083 (100%) |
| Owner Occupied HU | 4,330 (35.8%) |
| Renter Occupied HU | 7,204 (59.6%) |
| Vacant Housing Units | 549 ( 4.5%) |
| Median Home Value | $280,402 |
| Average Home Value | $352,555 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
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Listed by: Luis A. Flores • Servando Rocha, Broker
Mls Name: Bakersfield AOR
Mls ID: #202513413